SJV Inc. reported on its balance sheet at December 31, 2018…

SJV Inc. reported on its balance sheet at December 31, 2018 ending inventory of $670,000.  SJV uses LIFO. In its notes to financial statements, the company reported the following:                                                                                     2018                2019 Inventory reported on the balance sheet            670,000           800,000 Value of inventory on FIFO basis                           702,000           840,000   During the year 2019, what is your inference on the direction of input prices for SJV Inc. (choose among the 3 (I, D, or N): I=increased, D=decreased, and N=unchanged). Direction of input prices [1]